Group 1 Assignment

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Case Study MGMT 316-001 Shital Sheth Zanab Khan

Transcript of Group 1 Assignment

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Case Study MGMT 316-001Shital ShethZanab Khan

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Background

Men and Women within the UK Self employment

Expected Utility FormulaAvailable CapitalReal Interest RateIndividual Characteristics (Preferences)

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Research Question

What are the motivating factors that cause men and women to explore self-employment opportunities?

Necessity OpportunityLifestyle decisionOccupation choice

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Research Question

Is each gender influenced differently by economic factors when deciding whether or not to become self-employed?

Women Men

• Children Care

• Household Duties

• Higher wages

• Standard of Living

• Self Motivated

• Lesser Household Responsibilities

• Job Stability

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Ethical Issue

“How do men and women in self-employment differ in moral reasoning and ethical decision making?”

Females Males

• Avoid Being Judgmental• Search for Compromise• Seek Solutions that minimize hurt• Rely On Communication• Guided By Emotion

• “Who is Right?”• Value Decisiveness• Unambiguous Decisions• Make Choices that further them in

the Business World.

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Data Analysis

Economic theory self employment choices: rule of game States of economic theory are waged employment, self employment Wage employment include: salary earning, tax rate Self employment function of entrepreneurial ability: available capital, interest rate,

individual characteristic tastes, preferences, Paid employment: depends on wage rate Unemployment: depends on unemployment insurance.

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Data Analysis

Multivariate Data Analysis DemographicBackground characteristic of women and men

working in UKFactors effecting each Gender

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Conclusion

Factors consists of: social and economic influencing self employment rates from men and women in the UK.

Long run and short run impact of economic and social factors. Recently, women are more involved in their employment. Stereotypical assumption for men and women from specific roles in society. Men are more inclined to economic factors such as: stable job, and work promotions. Women are more inclined to social factors such as: stable job and committed to

running a household.

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Conclusion

Women are more strategic with money than men. Factors

More Conscience of Household DutiesPlace families Well Being FirstTend to support Men Working in the Work Force

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Critique

Targeted only the UK employment Compared and contrast men and women responsibilities throughout the employment.

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Any Questions?